Friday, April 05, 2002

 

Reading this story takes me back a little. I wrote and edited many stories about Adelphia and the Rigas family. Now, it seems, stockholders don't want the family involved in the business anymore. Of course I can understand that. They (allegedly) screwed up so they should be ousted. But I'm worried about what will happen to that part of northern Pennsylvania if the Rigas family isn't involved anymore. There used to be nothing -- except a few cows -- there. Now it's a booming area with lots of new construction, new jobs, new businesses and, until word of the problems at Adelphia surfaced, hope for the future. I guess everyone in Coudersport, Pa., and the surrounding areas will just have to wait and see.

Now that I think of it, my college alma mater has something to lose by this as well. The Rigas family is a major financial contributor, especially to the arts programs. In fact, the auditorium in the fine arts building is The Rigas Family Theater. I guess we'll have to wait and see, too. I suppose it's also anyone's guess as to what will happen to the Buffalo Sabres hockey team, which Mr. Rigas owns.

posted by Anne 4/05/2002 09:52:00 AM